An Aster trader holds a 20x XRP short worth about $2.52 million alongside leveraged BTC, ETH, SOL and DOGE shorts, with all trades reportedly in profit.
A large trader on Aster has built leveraged short positions across XRP, Bitcoin, Ethereum, Solana and Dogecoin, with all five trades reportedly sitting in profit.
The XRP position alone carries a notional value of roughly $2.52 million, making it one of the more notable bets visible on the account.
The address, 0xdd6a…c065, showed an account balance of about $3.94 million at the time of the snapshot.
Most of that balance sat in USDT, with 3.81 million USDT worth approximately $3.81 million, alongside 181,317 ASTER valued near $129,593.
The trader is using 20x leverage on the short positions.
XRP Short Reaches $2.52M
The XRP trade is the clearest large position shown on the account.
The trader is short 1,795,706 XRP with an entry price of $1.4384. At the time of the screenshot, the position carried a value of approximately $2.52 million.
The trade was showing an unrealized profit of $62,311.50, with the platform displaying an ROE of +49.44%.
The important figure for this XRP short trade is the 1.8 million-token short position near $1.4384. As long as XRP remains below that entry, the trade retains an unrealized gain.
A move back above the entry price would begin eroding that advantage, while a stronger rally would increase pressure on the leveraged position.
One Account Is Betting Against Several Major Assets
The same account also holds a 75,000 SOL short, again at 20x leverage.
Its entry price is shown at $117.4716, while the position value stood near $8.65 million. Unrealized profit reached approximately $165,212, with an ROE of +38.22%.
The trader has also opened leveraged shorts in BTC, ETH, and DOGE.
The account is also short 18.633 BTC worth about $1.54 million, 3,596.87 ETH worth $9.24 million, and 47.84 million DOGE worth $4.19 million, all using 20x leverage.
At the time of the snapshot, the BTC short was showing an unrealized profit of $4,600.76 with a +5.96% ROE, while the ETH short carried an unrealized profit of $163,952.59 with a +35.48% ROE.
The DOGE position remained the strongest performer, showing about $233,461.60 in unrealized profit and a +111.55% ROE.